Medtronic plc (MDT)
NYSE: MDT · Real-Time Price · USD
94.17
+1.07 (1.15%)
At close: Sep 4, 2026, 4:00 PM EDT
92.74
-1.43 (-1.52%)
After-hours: Sep 4, 2026, 7:59 PM EDT

Medtronic Financials Overview

Millions USD. Fiscal year is May - Apr.

Revenue & Profits

Fiscal YearTTMFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingJul '26 Apr '26 Apr '25 Apr '24 Apr '23 Apr '22
Revenue
37,54236,36433,53732,36431,22731,686
Revenue Growth
9.77%8.43%3.62%3.64%-1.45%5.21%
Gross Profit
24,50423,74921,93121,27320,60521,658
Operating Income
7,5457,2666,3346,8305,5696,847
Net Income
5,2314,8014,6623,6763,7585,039
Earnings Per Share
4.063.733.612.762.823.73
EPS Growth
12.12%3.32%30.80%-2.13%-24.40%40.23%

Revenue by Segment

Fiscal YearTTMFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingJul '26 Apr '26 Apr '25 Apr '24 Apr '23 Apr '22
Cardiac Rhythm & Heart Failure
8,0097,5046,3925,9955,7835,852
Structural Heart & Aortic
-3,8173,5543,3583,3633,055
Coronary & Peripheral Vascular
-2,6562,5352,4782,3752,460
Cranial & Spinal Technologies
5,3775,2224,9734,7564,4514,456
Specialty Therapies
3,0692,9972,9402,9052,8152,592
Neuromodulation
2,1032,0681,9321,7461,6931,735
Surgical & Endoscopy
6,8936,7646,4986,5086,1526,543
Acute Care & Monitoring
2,1192,0511,9091,9081,8371,926
Diabetes
3,2333,1122,7552,4882,2622,338
Other Segment
13017448221495727
Revenue (Total)
37,54136,36433,53732,36431,22731,686

Cash & Debt

Fiscal YearCurrentFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingJul '26 Apr '26 Apr '25 Apr '24 Apr '23 Apr '22
Cash & Investments
8,9829,3508,9828,0338,07410,637
Total Debt
28,15329,14929,62626,04725,41324,984
Net Cash (Debt)
-19,171-19,799-20,644-18,014-17,339-14,347
Net Cash Growth
------
Net Cash Per Share
-14.89-15.37-16.00-13.54-13.01-10.62

Cash Flow & CapEx

Fiscal YearTTMFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingJul '26 Apr '26 Apr '25 Apr '24 Apr '23 Apr '22
Operating Cash Flow
8,0357,3307,0446,7876,0397,346
Capital Expenditures
-1,903-1,904-1,859-1,587-1,459-1,368
Free Cash Flow
6,1325,4265,1855,2004,5805,978
Free Cash Flow Growth
15.63%4.65%-0.29%13.54%-23.39%22.38%

Margins

Fiscal YearTTMFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingJul '26 Apr '26 Apr '25 Apr '24 Apr '23 Apr '22
Gross Margin
65.27%65.31%65.39%65.73%65.98%68.35%
Operating Margin
20.10%19.98%18.89%21.10%17.83%21.61%
Pretax Margin
17.59%16.88%16.78%14.95%17.18%17.41%
Profit Margin
13.93%13.20%13.90%11.36%12.03%15.90%
FCF Margin
16.33%14.92%15.46%16.07%14.67%18.87%

Dividends

Fiscal YearCurrentFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingSep '26 Apr '26 Apr '25 Apr '24 Apr '23 Apr '22
Dividend Per Share
2.8802.8402.8002.7602.7202.520
Dividend Per Share Growth
1.42%1.43%1.45%1.47%7.94%8.62%
Dividend Yield
3.06%3.44%3.46%3.72%3.33%2.78%

Valuation

Fiscal YearCurrentFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingSep '26 Apr '26 Apr '25 Apr '24 Apr '23 Apr '22
PE Ratio
23.2022.2823.1528.8032.2027.78
Forward PE
15.6814.2914.6414.8717.3218.03
P/FCF Ratio
19.6419.7220.8220.3626.4223.42
PS Ratio
3.212.943.223.273.884.42